Integrating nuclear power into market-based policy instruments for low-carbon transition in China: Ⅱ. experience and pathways
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Graphical Abstract
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Abstract
International best practices in integrating nuclear power into market-based policy instruments for low-carbon transition was analyzed,and China’s experience in realizing carbon reduction benefits from clean energy deployment was examined. An innovative concept of green nuclear power certificate (GNPC) was introduced, detailing their issuance mechanisms and trading modalities. GNPC was used as a strategic vehicle within the carbon trading market framework to evaluate potential impact of incorporating nuclear power into China’s market-oriented low-carbon transition policy tools. The potential challenges and uncertainties associated with establishing these market-based policy instruments were examined. In future research, two key areas should be stressed: to investigate dynamic interactions between nuclear power integration and evolving carbon trading and electricity markets, to quantify systemic effects of this mechanism on China’s power supply structure and power sector emissions. Robust research are essential to formulate effective strategies and policies regarding the integration of nuclear power into China’s market-based low-carbon transition framework.
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